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FOX Business
Apr 24, 2013 1:00pm EDT
watch that. adam: keeping you informed on it, and informing you too, on sequestering and the faa because the man in charge of the faa is grilled on capitol hill about the airline delays, what washington wants to do to get the airlines back on time. lori: bypassing the president, the house takes up a plan to move forward on the keystone pipeline without presidential approval. adam: take a look at who is up and downright now on the dow. ♪ blpg ♪ . . spooerd hey everybody, hi mom... streaming live with a tour of my new place... knowing you can still reach out. adam: we'll check stocks again as we do every 15 minutes on the floor of the new york stock exchange. we find nicole petallides. what are you watching right now? fedex? >> i'm taking a look here at fedex. it is a winner up 1 1/2%. they got a big contract from the u.s. postal service. so taking a look at it right now, 94.63. it is up 1 1/2% of the as i noted u.s. postal service put this out for bid. they were competing against ups but fedex won out. what is interested valued, $10.5 billion for this contract which starts in
FOX Business
Apr 22, 2013 6:00pm EDT
to the faa, flights into new york, baltimore, and washington are delayed because of not enough controllers on hand to monitor the busy corridors. joining me now, president of boy group international and erik hanson, director of domestic policy for the u.s. travel association. welcome to you both. i will start with you, mike. what do you make of this? the fda is saying many of these delays are two hours or more. is is the fault of sequestration or is something else, not? >> it is the fault of politics. sequestration is 600 million out of the faa budget. 4 percent. they still have a billion dollars in their budget, more than they did in 2008 and 8% fewer flights. no one in aviation is buying this. this is a political stunt, and that is all. gerri: do you agree? >> i don't know if it is a political side, but it is certainly politics at its worst. for the travel industry, a key driver of the economy, we cannot afford to sit here and have congress pointing the finger at the administration, the administration putting the figure of congress. travelers are stuck in the airport. travel
FOX Business
Apr 25, 2013 9:20am EDT
don't have to suffer like this. >> to look at the 2013 budget, his total numbers from faa are less than what the faa is after sequester. this is a game where those for big government which has grown 89% over the last 10 years we resist any and all efforts to live within our means. we got an e-mail from a whistleblower yesterday that management is trying to force all air traffic controllers to take the sequester the same day to essentially shut down air service. we have a contrived situation to make it painful on the american public, live within our means, make the commonsense changes. 47,000 employees, 15,000 or controllers, and a press agent not take less than what a controller does. that is outrageous. stuart: tell us about the public relations battle. if the president goes out and says the sky is going to fall, inflicting pain, who is the public blame them? >> i don't know. i don't put my finger up to the wind, but i know stupidity and really cronyism when i see about it. this is having little impact on people's lives when it doesn't need to. let me go back to reassert what i sa
CNBC
Apr 25, 2013 3:00pm EDT
look at the charts, coming up. >> also, senator tom coburn taking a look at the faa, creating big delays at the nation's airports to lay out his solution to the problem, coming up on "closing bell." stay with us. announcer: where can an investor be a name and not a number? scottrade. ron: i'm never alone with scottrade. i can always call or stop by my local office. they're nearby and ready to help. so when i have questions, i can talk to someone who knows exactly how i trade. because i don't trade like everybody. i trade like me. that's why i'm with scottrade. announcer: scottrade- proud to be ranked "best overall client experience." bny mellon combines investment management & investment giving us unique insights which help us attract the industry's brightest minds who create powerful strategies for a country's investments which are used to build new schools to build more bright minds. invested in the world. bny mellon. >>> we saw the dow jones industrial average go from 135 points to negative 12 in under a minute and a half. >> an ap twitter feed has been hacked. the dow really c
KICU
Apr 29, 2013 4:00am PDT
cover story, now that faa workers are back on the job, are other sequester-hit industries green with envy? plus, a look at immigration legislation and the lives it has the potential to change. and, turning the page: how the publishing industry is revamping how we read. first business starts now! you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's monday, april 29th. i'm angela miles. in today's first look: down but not out: stocks turned in lackluster numbers on friday, but the major indicies were all up 1-2% for the week. gold fell 4 dollars. oil dripped 91 cents. jc penney is in a dollar daze. shares shot up more than 11% friday, first on word billionaire george soros has a major stake in the company, then cnbc reported goldman sachs set up a $1.75-billion loan committment. the retailer is suddenly back in vogue. also, governor chris christie says he will make a major announcement today. it marks 6 months since hurricane sandy hit new jersey and the northeast section of the country. well, if there is one thing you can say about
ABC
Apr 26, 2013 4:00am PDT
faa furloughs kicked in, leading to throws of flight delays. >> the senate has just approved a plan to end those furloughs and get the air traffic control system back up to speed. abc's devin dwyer's in washington. good morning, devin. >> reporter: good morning, diana and john. it was an ugly week for air travelers, with triple the delays than at this point last year. the faa says almost half were thanks to controller furloughs. a fix for frustrated fliers could be about to take off. overnight, the senate voted to let the faa and furloughs for thousands of air traffic controllers, hit by the automatic budget cuts. >> that should prevent the onerous delays that have been occurring and were only going to get worse. >> reporter: the cuts would cost a daily shortage of 1,500 controllers at the nation's airports. and threatened to close 149 control towers. with fewer eyes on the sky, the planes have been spaced farther apart, slowing the system and down frustrating flyers. on wednesday alone, 863 delays were linked to the cuts. >> they're putting people's lives at risk. >> reporter: the faa
MSNBC
Apr 22, 2013 2:30am PDT
the faa says today is the first day travelers will really feel the effects. >>> we'll get to the latest on the boston investigation in a moment. >>> first developing news overnight in washington state. at least five people were killed by gunfire at an apartment building in a suburb south of seattle. among the dead a suspect who was shot by police officers on the scene. another two bodies found in the parking lot and two more bodies were found inside the building. we'll bring you the updates on this latest gun tragedy as we get them. >>> bells will ring at 2:50 to mark one week since the deadly marathon bombings struck and according to investigators the lone surviving suspect, dzhokhar tsarnaev, is responding to questioning. under heavy guard in the hospital he is undergoing brief rounds of interrogation apparently responding by writing his answers. the 19-year-old was shot through the neck in what some have speculated may have been a suicide attempt. despite largely republican calls to have him held as an enemy combatant, he could face federal charges today, but almost likely be
FOX Business
Apr 22, 2013 1:00pm EDT
sequester for flight delay. it is just another example of shoddy management by the faa. lori: gas prices are tank. why good news may still be on the way. melissa: fed watchers in full speculation mode as bernanke has he will skip jackson hole. a first for a federal chairman in 25 years. what does it mean? now, to the floor of the new york stock exchange. nicole petallides. nicole: we will get to some of the home builders in a second. right now you have a mixed market. the dow jones pulling back a bit. that 2.2%. last week was a rough week for the dow jones industrials. there is the tech heavy nasdaq. there is a look right now at how we have done so far. obviously, you can see that we have had a nice run this year. i wanted to also take a look at some of the homebuilders. we got in some existing home sales. pound .6% month over month. that is not good news there. the home prices that you saw word. back to you. lori: seasonally strong time of year for home sales. overall, the u.s. economy is running below its historical trend. this is a study done by the index. my next guest says the econo
CNN
Apr 27, 2013 11:00am PDT
effects of cutting 6 00 million from the budget and last sunday the furloughs kicked in for 47,000 faa workers including 15,000 air traffic controllers. it meant every day 10% of the faa's workforce had to take an unpaid day off. 5,800 flights delayed just the first three days of furloughs compared to 2,500 delays over the same period last year. democrats had argued for a complete fix to the forced budget cuts and less than a week into the furloughs the elected leaders have intervened to give the department of transportation flexibility in determining how cuts are made. >> the problem is that this is just a band-aid solution. the funding associated with the furloughs at the faa is i think $253 million. that's one half of 1%. one half of 1% of the sequester. >> hopefully any delays you experience now can just be blamed on the usual misery of flying. nancy cook is an economic and fiscal policy correspondent for the national journal and josh marks, the executive director of the aviation institute. nancy, i want to start with you. one month into the forced budget cuts polls show around hal
CNBC
Apr 22, 2013 2:00pm EDT
court and they're suing the faa to try and block the cuts, claiming basically the combination of furloughing 15,000 air traffic controllers over the next six months plus the possibility of ground stops at busy hubs could delay about 7,000 flights a day and create worst case scenario delays at major hubs of up to four hours. they argue the faa has other ways to cut about $650 million out of what is a $16 billion department of transportation budget. >> the faa has and should have exercised the discretion not to furlough air traffic controllers who never in the history have been furloughed before during any budget sequestration, any shutdown of the faa or anything like that. >> even the white house today said this was never supposed to happen. brian? >> pick it up from there. hampton pearson, thank you very much. let's stay with the theme. you know what, airline stocks have actually been on a tear. the question now is whether or not the sequester could end that run. phil lebeau is here to preview the airline earnings ahead this week. i'm also wondering what they are going to say in
FOX
Apr 9, 2013 4:30am PDT
spite being grounded by the faa. >>> so far so good on the peninsular and if you are driving we will have more straight ahead. back in the day, we didn't have the u-verse wireless receiver. [ light laugh ] the tv stayed in one place... mmmmhmmmm. ...right next to the upstairs tv outlet. oh yeah. they can move the tv all over the place, even outside. grandpa... mmmhmm? kids have it easy nowadays. [ glasses clink ] i'm trying to tell ya. [ male announcer ] the wireless receiver. get u-verse tv for just $19 a month with qualifying bundles, and get a $150 promotion card. rethink possible. . >>> good morning, lots of sunshine and 70s, sunshine for many. >>> a classmate was diagnosed with tubeberg lows tuberculosis -- tuberculosis. >> the student diagnosed with tuberculosis has since recovered. >>> they are investigating a rape at a residence hall. a manhasset been arrested after another student reported he raped her earlier this month. he is a freshman at ucla and a member of the water pole low team. he has been suspended and his attorney said he was dating the alleged victim. >>> in
FOX Business
Apr 22, 2013 3:00pm EDT
at airports including new york's laguardia. the faa saying yesterday there were some 400 flight delays because of these furloughs in the air traffic control towers from airline industry could experience on someday 7000 flight delays. critics say the faa absolutely has the authority in the budget to cut elsewhere, and so there's a debate on whether or not the faa and government have a choice. >> we believe the faa has the discretion not to furlough the air traffic controllers, historically have never, ever in any situation been furloughs before because the frontline safety professionals keep the planes in the air, get them to the ground and keep travelers moving, keep shipping moving and that is critical to our economy, does not have to be this way. >> we believe the way their plan is constructed is going to maximize the disruption assuming it rules out and disruptions occurred. not a good situation. rich: the obama administration says the altar of the faa staff is personnel workers, the only way to comply with the numbers of these automatic but it cuts is you have to furlough ai
CNBC
Apr 25, 2013 7:00pm EDT
deal to put anened to the faa furloughs resulting in airplane delays across the country. we are about to talk to one of the senators who was trying to make a deal. that's just ahead on "the kudlow report." [ music playing ] >>> welcome back to "the kudlow report"ment i'm larry kudlow. in this half hour, another good sign for the economy as weekly jobless claims come in much lower than expected. this should tamp down the swoon talk about a sink in the economy. >>> plus, it's the moved loved and hated rifle in america. we already have a chrisically acclaimed documentary about the ar-15. that's coming up in just a few moments. you do not want to miss this. >>> first up, call it the faa furlough fiasco. now the ceo of the largest airline is joining the critics. jim simsek, i am going to quote, we are disappointed that the faa chose this path that maximizes customer disruption and damage to airlines instead of choosing a less disruptive method to comply with the budget obligations. all right. he's an unhappy camper. in walk, there was some sort of compromise that may have changed. ch
CNBC
Apr 22, 2013 7:00pm EDT
developments. >>> also tonight, the faa says the sequester is starting it to start furloughs. that means major delays at airports. this is all politics. we'll talk to one airline pilot who says the faa action is bologna. >>> and the senate is beginning to vote to improve an -- approve an internet sales tax that will wreck small business, dan consumers and amount to a huge tax grab for state governments across the country. a terrible idea. ""the kudlow report"" begins right now. ♪ all right. charges were filed against terror suspect dzhokhar tsarnaev. nbc news' pete williams joins us with all the details. good evening, pete. >> well, the combination of evidence here the government says they have, larry, the main thing here is from a surveillance video from the scene of a second bombing, they say they can see dzhokhar tsarnaev come into view. they see him work his way into the crowd, take his backpack off, lower it to the ground. they say still photographs show it down on the ground at his feet and they say one of the most telling moments is when the bomb at the first site goes off. ever
CNBC
Apr 25, 2013 5:00pm EDT
have got a hedge fund veteran who is focusing on credit. and the unfriendly skies. what do the faa cuts really mean for the airlines and you? we break down the sequester effect. we're tackle iing. >> good to see you. the revenue numbers look pretty good. down a little bit lower than analyst expectations. the guidance about where analysts expect it. overall, you take a look at one of the key metrics that wall street looks at. that's good compared to a year ago. amazon is growing gang busters. bhu employees, just look at that line. considering the profitability. they have managed to maintain employee head count up 39%. and that's fte's run. >> they really are growing. >> so technically i think the stock still has to prove it to get through that. >> why doesn't it matter? why does amazon seem to be immune from irrational evaluation. people go and shop at amazon. they have a global hold on it. you sit here and you press click on your computer and you have it the next day in the mail. als also. >> you know, at some point valuation is going to matter. >> you have said that -- and i don't
PBS
Apr 26, 2013 1:00am PDT
within the faa in order to reduce the impact of the sequesters, reduce the flight delays, it would only impact that element of the sequester, not the over all budget cuts that you referred to, the house would be expected to follow suit quickly, members don't want this heat much longer. >> why are they deciding to just deal with the slight delay part instead of the whole thing? >> that is the most conspicuous complaint they're getting. as tyler alluded to, if in fact we see repercussions on these other areas. food safety defense department, which is the subject to the highest percentage cuts. and huge dollar numbers. then you could get notiations leading tore a larger solution, but i talked to one republican member of congress this afternoon, we're not close to that, we're drifting along right now waiting on the events. the event this week -- >> what would any deal look like. democrats suggested there be tax increases. would that be part of a deal, or is it much more quarantined than that? >> well, it would not be part of the deal, but they're talking about right now, it might pass this
KICU
Apr 24, 2013 4:00am PDT
faa reports more than 1200 flights were delayed around the nation. sequestration requires the faa to cut $637 million from its budget. yesterday, hundreds of airport workers were forced to stay home because of the cuts. congressional republicans took to twitter to blame the president. house speaker john boehner tweeted under the hashtag obamaflightdelays. congressman eric cantor tweeted "why is president obama unnecessarily delaying your flight?" white house spokesman jay carney told reporters "the faa has no choice under the automatic budget cuts brought about by the congressional republican budget priorities. the gop can eliminate sequestration by approving a debt reduction plan that includes taxes from the wealthy through the closing of loopholes." "these cutbacks, with all the harm that's being caused to the traveling public, there's just no reason that i can see that justifies what's being done here." flight delay information is available at faa.gov. a bill will be introduced in the senate today aimed at banks that are considered too-big-to- fail. the legislation is meant to red
CBS
Apr 22, 2013 4:30am PDT
catch cold. >> reporter: airlines filed a lawsuit against the faa on friday asking a federal court to stop the furlough of air traffic controllers. faa officials have declined to comment on e suit. livet sfo, elissa harrington, kpix 5. >> thank you. earlier this month, the faa delayed the closure of control towers at 149 airports until june. >>> checking bay area headlines this morning, richmond police are searching for two gunmen who shot and injured a man on saturday night on griffin drive. police found the victim in his car. they say the man was targeted. witnesses say the suspects got away in a white suv shortly after the shooting. that was around 8 p.m. on saturday. >>> in hayward a young man who was shot has died. the 26-year-old man was shot saturday around 10 p.m. in the driveway of a home on franklin avenue. he was taken to a hospital for emergency treatment but died of his injuries yesterday. so far, police have no suspects. >>> in alameda, a coast guard cutter has returned home greeted by joyous families yesterday. they spent three months in wateuthe california. mbers resc
KICU
Apr 23, 2013 4:00am PDT
, that's enough to cause a ripple effect for passengers. the faa reported the first day of furloughs resulted in delays of more than three hours on arrivals at los angeles - less than that at other airports. "i was delayed from laguardia. we were on the ground for about an hour. they made it up in the air, but we were delayed today." but delays in chicago were spotty, though passengers were bracing for them. "we had a business meeting this morning that we pushed back back an hour but it was smooth sailing from austin." - will you make an adjustment on future flights? "no, i think it's a more scare tactic than anything else." others got that same sense. oklahoma senator tom coburn called the furloughs "a dangerous political stunt," saying that more than $100 million could be saved by using fewer consultants, supplies and less travel, and pointed to the transportation security administration, which has managed to avoid furloughs. "being a flight attendant and working as a flight attendant, i care about safety, and when you cut people out of the tower, that's safety." as of now, the fur
NBC
Apr 26, 2013 11:00pm PDT
. >> if i were you, i wold hold onto that t-shirt. the faa had sidelined flights as part of a sequester making waits longer and tempers shorter. nbc bay area joins us from san francisco where travelers are still fuming over the furloughs, jean. >> they are, jessica. a lot of frustration at sfo tonight. although travelers are relieved an end is in sight, but many say congress needs to focus on the larger sequester picture. >> travelers arriving at sfo say it was a long trip. >> and i looked up at the board and all united flights have delayed. >> barbara clincal sat in north dakota for hours. >> i asked what was the problem and they said it has to do with the sequester. >> the faa says thousands of flights have been delayed because of sequester cuts. the agency furloughed air travic controllers. the house and senate passed a bill. >> somebody who flies very much and it gets your attention. >> reporter: there was even congratulations on capitol hill. >> it's nice to know that when we work together, we can really solve problems. >> some travelers say it's clear, conditioning singled out the
FOX
Apr 24, 2013 6:00am PDT
flight delays caused by faa furloughs. why some republicans say it's all part of the white house strategy. >>> plus the new occupation of former cia director david petraeus. [ male announcer ] fact: the 100% electric nissan leaf... is more fun than ever. sees better than ever. ♪ charges faster. and will charge. cool. and heat. from your phone. fact: leaf never needs gas. ever. good for the world. built in america. now, leaf's an easier choice than ever. ♪ shop at choosenissan.com. ♪ shop at choosenissan.com. i'm detecting high levels of happiness. luscious locks there's an entire land here...with living cars. now this is flying... with style. great glittering galaxies. disneyland resort just got happier, see it all with a 3-day park hopper ticket. i now appear to be lost in a deep dark cave... >>> welcome back to ktvu channel 2 morning news. it's 6:13. travelers in california and around the country are feeling the effects of the faa furloughs. ktvu kyla campbell reports from our washington, d.c. newsroom lawmakers are placing they are now playing the blame game. >> reporter: the whi
FOX News
Apr 22, 2013 4:00pm PDT
faa and the administration to cut somewhere else in the 16 billion-dollar annual budget of the faa. they say the way the faa were cuts makes the delays even worse. >> under the applicable laws. the faa has the authority or the discretion to find the money elsewhere. not to lay off the workers. and, therefore, to protect the traveling and shipping public, the faa should not furlough the air traffic controllers. now congressional republicans charge the way the administration has structured this is simply for political reasons. the administration says that's absolutely not the case. they say the way is law isten o other choices than to furlough these air traffic controller if they have to reach the savings that the law requires, shep. >> >> shepard: we are expecting it to say four different flight delays faa is saying. airlines anywhere between 6700. about a quarter of the flight traffic in this country daily. in a statement the faa says they will be working with the airlines and using traffic management tools to minimize the delay impacts of trafficking busy summer travel season. the
FOX News
Apr 26, 2013 12:00pm PDT
interrupt voters are travel plans. a quick turn-around on the faa furloughs that made for long lines. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer, one thing that hasn't changed: the official retirement age. ♪ the question is how do you make sure you have the money you need to enjoy all of these years. ♪ >>> lawmakers now passed a bill which could help cut the long lines at the airport. the automatic government spending cuts meant air traffic controllers had to take unpaid days off and that has caused huge delays. but the bill congress now passed should let the faa move around some money and get the air control system back up to full strength. mike emanuel with the news live on capitol hill. any plans for more fictions? >> democrats here on capitol hill and the white house are calling this measure a band-aid that doesn't address the broader automatic spending cuts. you can expect they'll push for more solutions like this one, addressing air travel. >> you could have thrown in members of congre
FOX
Apr 24, 2013 5:00am PDT
detected yesterday but they were still told to report to work. >>> the fight over faa cut backs is heating up in washington. as ktvu kyla campbell reports from our washington, d.c. newsroom lawmakers are pointing fingers. kyla. >> reporter: pam, some california airports especially lax has seen numerous delays this week but some republican senators say the faa furloughs and resulting flight delays are a manufactured crisis. the faa reported more than 1600 flight delays sunday and monday due specifically to staffing reductions. i just heard back from my faa contact to get the latest numbers of delays for tuesday and she expects those by 8:00 a.m. pacific. some o on the airline cannot -- weather and other factors play a role. lawmakers accuse the faa of not telling them the whole story last week. >> there were many options that the faa itself and the department of transportation as a whole has to avoid this impact. >> other republicans say the white house wanted these faa cuts to impact people nation- wide. i'll explain why when i see you next. live in washington, kyla campbell ktvu channel 2
FOX
Apr 23, 2013 5:00pm PDT
the faa to furlough worker. >> entirely utterly unnecessary. >> republicans argue the white house has the flexibility to avoid this and should cut waistful programs they say the president has an agenda. >> to try to convince the american people that there are no circumstances under which we can ever cut spending at all. >> democrats defend the faa saying it had no choice. >> congress enacted it in law. it was a cool act of 2011. the vast majority of republicans voted for them. >> the faa says it won't risk safety. air traffic controllers means fewer planes in the air. the faa tells me staffing reduction has delayed 1600 flights in the past two delays. >> delays will be bad for business and frustrating for families and devastating for the economy. >> with no other budget in place delays could continue for at least another 5 months. >> this is no way to run this government. >> and the faa warns the flight delays effecting the entire country will only get worse as the summer travel season approaches. in washington keyly campbell ktvu channel 2 news. >> got officials who wanted steam troo
FOX
Apr 24, 2013 7:00am PDT
search warrant. >>> we're also getting word now that those faa furloughs of air traffic controllers are causing delays of nights this morning out of san francisco international airport into chicago o'hare international airport. delays are averaging about 26 minutes. coming up for you at 7:15, why the faa says it had no choice about furloughing air traffic controllers and we have the latest numbers on flight delays all around the country. >>> all right. 7:08. want to check in with sal, see what's happening on the roads. the bay bridge tone also, sal. >> would -- the bay bridge toll plaza also, sal. >> we don't have a huge backup. there's backed up traffic but it's better than it was yesterday and the day before. traffic backed up for about a 15-minute delay. sometimes we have double that. you can get a bump there. driving into san francisco, no major problems and we haven't had a lot of accidents reported by the chp. we've had a couple of minor ones here and there but not major ones that have been closing lanes. sometimes that happens. it's just not. >> the commute looks good on 880
CSPAN
Apr 26, 2013 6:00am EDT
particular program? >> the program projects and activities within the faa are defined by the color of money and then within that by our lines of business. so what that means is that when ppa with the air traffic. that is a combination of contract activities and payroll activities. what we wanted to focus on was first and foremost what could we reduce in the contract area that would enable us to minimize the impact on employees. and as you've heard me say, the contract tower program represents a very large expenditure within that account. we believe it's manageable because these are relatively low activity facilities, fewer than 150,000 total operations and 10,000 commercial operations on an annual basis. and that all of these towers have experience, or all these airports have experience with the exception of one of operating in a non-towered capacity. they are well-established rules of how a non-towered airport would operate. the trade off is for every dollar of savings that i'm not able to achieve in contracts, that it's the payroll account. now, the payroll account is where we find the em
FOX News
Apr 26, 2013 9:00pm PDT
coming up. but first, breaking news out of washington regarding the faa furloughs and those long delays at airports across the country. a live update on this developing story is n girl vo: i'm pretty conservative. very logical thinker. (laughs) i'm telling you right now, the girl back at home would absolutely not have taken a zip line in the jungle. (screams) i'm really glad that girl stayed at home. vo: expedia helps 30 million travelers a month find what they're looking for. one traveler at a time. expedia. find yours. yeah, the pain can be really tough. and it's my family that suffers. then i learned that my pain started at my feet. this was me. that's when i found dr. scholl's pain relief orthotics. yep, i went pro. they reduce the impact on my lower body. p-r-o. i get pain relief from the ground up. so i feel less pain and more energized. it's that simple! i'm a believer. we're all believers! dr. scholl's pain relief orthotics-- pain relief that starts with your feet. i'm a believer. governor of getting it done. you know how to dance... with a deadline. and you...rent from national
FOX News
Apr 24, 2013 6:00am PDT
faa could easily reshuffle fund needed to keep air traffic controllers on the job. what does tucker carlson editor of the daily caller, co-host of "fox and friends" weekend think about that? and what does alan colmes, host of the "alan colmes radio show" and fox news contributor think as well? welcome to you and nice to see you both. susan collins republican out of state of maine calls this a manufactured crisis. is it? >> of course it is. this is a political ploy by administration to punish the public until republicans agree to raise taxes once again on the top 1%. i actually think this is too far. at the very moment that people are sitting on the tarmac on airplanes waiting for hours to take off because of budge cuts at faa this administration is actively sew listing new recipients for food stamps. in other words there is no budget crisis in the federal government. they're spend as if we are as rich as everywhere. average people, middle class at airports are being punished. i think they are pushing the envelope on this and rebellion of public opinion against this and i think they
CSPAN
Apr 24, 2013 7:00am EDT
faa. -- ike care of all this would say hearing congress criticized the sequester and criticizing the impact on the faa is like a guy who picks a big boulder and blames the boulder four is broken toe. law.ote the sequester we should fix the entire sequestration. host: this is from "the wall street journal." guest: because "the wall street journal" says the administration has flexibility does that mean the administration has flexibility on the sequestration when it comes to the faa. most of the operation's budget of the faa is for people. the sequester says we have to cut by line item. furloughs. itself on we had an opportunity to give faa more flexibility to deal with these cuts. we did not choose to do that. we have to fix the entire sequester. host: harry reid has said he would like to take another run at the sequester by using the overseas contingency fund, the money for wars in afghanistan help to lay the sequester for five months. republicans are saying you cannot count savings that were already on the book. into: this was getting arcane budgeting in congress that most of the pub
FOX
Apr 24, 2013 5:00pm PDT
roth, ktvu channel 2 news. >>> under fire, the head of the faa gelts grilled about the flight delays, what he says is to blame. >> and a lab helps uncover a piece of history tied to alexander gram bell. what they discovered in a moment. >>> the head of the faa faced suffquestions today -- toughed question today on the air traffic controller furloughs. since sunday more than 2600 flights have been delayed. the slow down is the result of furloughs that sidelined 1500 air traffic controllers every single day. faa administrator said today the budget cuts are to blame. he cut outside contracts, training, over time and travel but it is not enough. >> the sequester is bad policy. forces us to take a series of what we call bad decisions. >> some members of congress accused the obama administration of creating a travel nightmare just to make a point. >>> researchers identified the voice of alexander gram bell for the first time. the recordings are held that smithsonian in washington. his voice was identified on a wax disk recording from 1885. alexander gram bell says hear my voice, alexander
FOX News
Apr 26, 2013 2:00am PDT
country. they passed a bill to end faa furloughs. the house is expected to vote as well. peter doocy is live with more. good morning, peter. >> good morning, patti ann. what happened last night was a rarity. the u.s. senate passed an important bill without a roll-call vote. all 100 senators approved it. as far as we could tell there was no drama on the senate there are floor in the 8:00 hour. if the bill could pass the house at some point the faa's hands will be untied. they will be able to free up 253 million from other less essential parts of the budget and redirect it for fully staffing air traffic controllers including at small airports until the end of the fiscal year september 30th. >> i am delighted the senate just passed a bipartisan bill to resolve a serious problem confronting the american traveling public and our economy. >>> but this bill doesn't turn off sequestration. it just makes life a little easier for air travelers who saw at least 863 flights delayed on wednesday because of budget related staffing problems. what is interesting is the white house has issued a statemen
CNBC
Apr 25, 2013 9:00am EDT
we talked about something you are very familiar with, some of these delays that are the result of faa budget cuts and the sequestration. here's what he said on squawk earlier this morning. >> the american people pay all kind of taxes. all kinds of aviation taxes that go directly to fund the faa. we pay more in taxes than we get in services from the faa. so perhaps if we're going to have a furlough of the services, maybe we ought to have a furlough in the taxes that the american people pay also. >> ouch. he's right, jim. when you buy a ticket, you can see -- you know what taxes are embedded in that. >> yeah. let's don't forget, big problem with sequestration is the board you look at when your plane will take off will str have it on ti. then you get on the plane and the pilot says, oops, we'll be sitting here because of the sequestration. i thought the defense down 9% budget was supposed to be hurt. people being hurt are people who are flying. i share southwest's concern. but i also have to tell that you if something happens in the senate in the mechanics 24, 48 hours on sequestration,
FOX Business
Apr 23, 2013 12:00am EDT
and forth today about how bad it is that there. the faa put out a statement a short time ago saying that controllers will space planes farther tercel that they can manage planes that will the lead set delays. today there were approximately 400 business system attributed to a staffing reductions resulting from a furlough. it is out there. we are delayed. what do you think about that? >> i think it is a little bit crying wolf so far. today looked like any other day. there were delays add new work in new york and jfk that were attributed to high wind. charlotte douglas was the only one where it was attributed to staffing. about 20 minutes. nothing new. melissa: at the same time transportation infrastructure bill schuster said we know the faa has the flexibility to apply for a los. yet the administration has made choices that appeared designed to have the greatest possible impact on theraveling public. he is saying the faa is making this is painful as they possibly can to drive on the point that ain't made our money. that's posbly true? >>ell, i would be the last one to challenge the ch
FOX Business
Apr 24, 2013 4:00pm EDT
were flying as the faa chief faced tough questions overflight delays. why he says they're unavoidable and how the white house is responding. plus, let's make a deal. amazon is a big fan of acquiring really solid quality companies with more than 12 acquisition in just the last three years alone. think your company would be a perfect fit. we're breaking down how to sell your company to amazon. how to get them to focus on you. ♪ i turned 65 last week. the math of rerement is different today. money has to last long.eek. i don't want to pour over pie charts all day. i want to travel, and i want the income to do it.k. ishares incomes etfs. low cost and diversified. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus, which includ investment objectives, risks, charges and expenses. caread and consider it a prcarefully before investing. risk includes possible loss of principal. david: faa administrators are getting grilled on capitol hill trying to explain a 4% cut because of sequestration turned
FOX News
Apr 26, 2013 10:00pm PDT
% more on premiums. >>> but first, cleared for takeoff. >> i think we all agree the faa and the administration has handled this sequester poorly. >> the house has passed a measure that will end those faa air traffic controller furloughs, and the president has said he will sign it. >> we're here today because this administration has decided to put politics over passengers. >> no members of congress should be surprised at the havoc brought by the sequester. >> mr. president, i urge you, tell your administration, tell them to grow up. >> if you're going to implement the sequester, let the agencies have the flexibility to do the less harm and pain to the american public. >> these delays are a problem for many americans. and that's a real negative consequence. >> the flight delays are just the tip of the iceberg. >> the administration has played shameful politics for sequestration at the cost of hardworking american families. >> greta: after a week of inexcusable flight delays and national public uproar, congress green lighted a bill to an air traffic control furloughs. but is the da
CNN
Apr 28, 2013 12:00pm PDT
transportation had been warning for months about the effect of cutting $600 million from the faa budget. but last sunday furloughs kicked in for 47,000 faa workers, including 15,000 air traffic controllers. that meant every day, 10% of the faa's work force had to take an unpaid day off. 5800 flies were delayed in the first three days of furloughs. that's compared to 2,500 delays over the same period last year. democrats had argued for a complete fix to the forced budget cuts but les than a week into the furloughs, your elected leaders have intervened to give the department of transportation more flexibility into determining how cuts are made. >> the problem is this is just a band-aid solution. the funding associated with the furloughs at the faa is i think, $253 million. that's one half of 1%. one half of 1% of the sequester. experience now can just be blamed on the usual misery of flying. nancy cook is an economic and fiscal policy correspondent for the national journal and josh marks, the executive director of the aviation institute. nancy, i want to start with you. one month i
MSNBC
Apr 24, 2013 5:00pm PDT
cuts. the faa started furloughing air traffic controllers a few days ago saying they have no other choice. republicans wasted little time in blaming the obama administration. republican national committee urged passengers with delayed flights to contact the white house, while eric cantor took to twitter with why is president obama unnecessarily delaying your flight? faa could cut other spending #obamaflightdelays. today, these are some of the same republican lawmakers who voted for the sequester, criticized faa administrator michael huerta. >> this empirical attitude on the part of the administration, and you're the most recent example of that imperialism, is disgusting. so, i hope you have some answers for us today, but the first question i want answered is, why didn't you tell us about it beforehand? >> we have been talking about reduction in available controller hours of 10% for months. >> but you didn't tell them which airports, which airlines. >> we told them they should expect significant impacts at major hub facilities. >> la tee da, everyone knew that, that's what sequester
CNBC
Apr 26, 2013 7:00pm EDT
i for the republicans. democrats backed down at the furlough at the faa by merely switching money around without touching a dime of the overall spending cuts. we will talk about the winners and the losers with our super free market friday panel just ahead. [ tires screech ] . >>> welcome back to "the kudlow report," i'm larry kudlow. was it a high stakes poker game that killed a man's bid to become the next ambassador to france? cnbc has new information on that coming up. >>> also, former reagan director has a gloom and doom prediction for our economy again. he has a new book laying out his case. he was dead wrong last time. he is going to join us in just a few minutes to defend his case. first up, qual it a political victory for the gop. congress approved a bill today that will bring an ento the faa furlough fiasco. our own producer elizabeth schultz snapped this picture on her way through washington, d.c. if less than a week, lawmakers put together a bill giving more discretion how sequester cuts are alocated? just who are the winners and losers from this furlough fight? let's b
NBC
Apr 15, 2013 4:30am EDT
opponent is calling for a full recount. our gas prices will unlikely be impacted. >>> the faa is ordering the inspection of more than 1,000 boeing 737 jets that could cause pilots to lose control after word that some parts could have factory defects. the parts in question help stabilize the up and down movement for the nose of the plane. the faa says these are just inspections and there's no immediate threat or incidents reported. >>> before we look at the forecast, check out this. this is what happened in bismarck, north dakota, on sunday where they are no strangers to nasty weather of course. more than 17 inches of record breaking snow in mid april, come on already. chaos on the road in minnesota where blizzard conditions caused three semitrucks to collide including one carrying dozens of pigs and another hauling cattle. what a nightmare. meteorologist bill karins joins us now. bill, is there any chance we could get this behind us already? >> no. week after week we can't stop talking about snow. i'm really sick of it. i'm not even dealing with. i-94 is closed right now through
ABC
Apr 22, 2013 6:00pm PDT
went into affect over the weekend. abc 7 news is here here with a look on the impact. >> the faa says 6700 flights every day may be delayed. because they're just not enough eyes to watch them. the faa says the skies are a little less crowded today and frustration among passengers is higher. a gate agent tells passengers we didn't know this would happen but two months ago ray lahood warned cuts could force the faa to furlough controllers. >> congress needs to fix this. fix a very dumb law. >> congress has not fixed it and now, the faa says every controller will be laid off one day twofr weeks and flights delayed or canceled. >> boarding a plane to get back to lax. just sat on the tarmac about an hour. >> larry's flight never did make it to los angeles and some flights from los angeles were hours late last night. >> we had flights operating as late as, as early as 2:00 a.m. >> that flight supposed arrive before 11:30. mike's flight delayed six hours. >> if i'm delayed six hours and can't work what is everybody else delayed? how much have you lost? >> the long delays were mostly at lax.
CBS
Apr 21, 2013 6:00pm PDT
air traveler kos start feeling the brunt of federal budget cuts. some 50,000 faa employees including 15,000 air-traffic controllers are being forced to take an unpaid day off every other week to save money. michelle miller reports that could lead to delays. >> reporter: for passengers at new york's laguardia airport travel is already a four letter word. was very concerned bcause they said the delay could be up to four hours. >> reporter: thanks to mandatory budget cuts approved by congress the faa has 637 million dollars less to spend. that's forcing some air-traffic controllers to stay home without pay. two days a month. mark rosenker is a former ntsb chairman and aviation safety analyst for cbs news. >> it could slow anywhere from 30 to 90 minutes and in some cases, even three, four hours. if it gets too crowded in the skies, unfortunately it will result in cancellations. american airlines tells cbs news that until the faa provides secretary of details of the furlough, it's hard to inform passengers of the effects. but they do say they expect the biggest delays at lax, ch
CSPAN
Apr 1, 2013 7:00am EDT
, the faa plans to close more than 100 and 40 airport control tower's of sequestration. we will hear about the impact from the former rector general for the transportation department. later on, what the federal health-care law will mean for insurance premiums. we will be right back. on first ladies, anna harrison, whose husband william henry harrison, who died the first month in office. julia tyler who becomes resident tyler second wife. >> i think of her as the madonna of first ladies. she loved the publicity. she actually posed as a model at a time when that was, needless to say, frowned upon. she was known as the rows of long island. by all accounts was bewitching. certainly bewitched 57-year-old john tyler. who married her. and she loved being first lady. she had the job for less than a year. it was she who ordered the marine band to play hail to the chief whenever the president appears, and also julia tyler who greeted her guest sitting on a throne on a raised platform with purple plumes in her hair. it was almost as if she receded to the more queenly role marco washington had d
CBS
Apr 22, 2013 5:00pm PDT
faa furloughs triggered by budget cuts. >> reporter: yeah, juliette. this thing has been threatened for the past several weeks now. the faa over the weekend going ahead and instituting the sequestration cutbacks. essentially, this means about a 10% reduction for all the faa controllers around the country. so we checked with the airport duty manager at sfo,. he says no significant cancellations or delays in the bay area but they had problems at los angeles international airport yesterday. of course, that was the first day that the sequestration cutbacks went in and they were experiencing two-hour delays. so what does this mean? we talked to mario ianello who flies lot between l.a. and san francisco. is otr inconvenience for travelers. >> are you worried about any of this sequestration might cancel or delay one of your flights? >> not really. well, i'm more concerned about with the way the airline industry has been now -- i think they -- they have, uhm, made their flights either so full and cut back on flights, i think that's affected more of the schedule than really the air traffic c
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